. There is a possibility of temporary retracement to suggested support line (0.8360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. NZDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
NZDCAD - Daily Fib - Psych - Major Support (NZDUSD Psych) (USDCAD broken out of range and has been in a long downtrend). Looking for NZDUSD to form a W before entering - also waiting for retest on NZDCAD of 0.88